TripAdvisor Inc (TRIP): Today's Featured Technology Winner

TripAdvisor was a winner within the technology sector, rising $9.96 (16.3%) to $71.10 on heavy volume

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TripAdvisor ( TRIP) pushed the Technology sector higher today making it today's featured technology winner. The sector as a whole closed the day up 0.9%. By the end of trading, TripAdvisor rose $9.96 (16.3%) to $71.10 on heavy volume. Throughout the day, 5,456,335 shares of TripAdvisor exchanged hands as compared to its average daily volume of 1,984,900 shares. The stock ranged in a price between $68.71-$72.26 after having opened the day at $69.88 as compared to the previous trading day's close of $61.14. Other companies within the Technology sector that increased today were: Facebook Inc Class A ( FB), up 29.6%, Friendfinder Networks ( FFN), up 25.0%, Medidata Solutions ( MDSO), up 22.3% and Triquint Semiconductor ( TQNT), up 17.5%.

TripAdvisor, Inc., an online travel company, provides trip advisory services. TripAdvisor has a market cap of $7.9 billion and is part of the internet industry. Shares are up 44.7% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate TripAdvisor a buy, 2 analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates TripAdvisor as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet.